Pune: With Amazon Web Services (AWS), India as its preferred cloud provider, HDFC Securities Providing a secure, stable and low latency trading service to the growing number of tech-savvy retail investors who prefer mobile tradingA statement issued by AWSSaid. Built on AWS, HDFC SKY will provide its investors with access to the stock market at the scale of thousands of transactions per second. With AWS, HDFC Securities will reduce its annual IT infrastructure and management costs by up to 50% compared to on-prem. The infrastructure of the campus, the statement said.
AWS, an Amazon.com company, has announced that HDFC Securities Limited, one of the leading investment service providers in India, has launched its new mobile. trading app, on HDFC Sky, the world’s most comprehensive and widely adopted cloud. HDFC Sky provides 75 million customers worldwide and all HDFC group companies, investors and traders with user-friendly trading of stocks, commodities, futures, currencies, initial public offerings (IPOs), mutual funds and exchange-traded funds (ETFs). Provides service along with. The statement said.
To make trading more transparent and accessible to investors, HDFC Sky works on a flat pricing model, charging traders a consistent, predetermined fee, no matter how much money they invest or how many transactions they make.
Sandeep Bhardwaj, Chief Operating & Digital Officer, HDFC Securities, said, “AWS helped us create a culture of builders within HDFC Securities by enabling us to experiment faster at lower costs so we can innovate on behalf of our clients. ”
HDFC Securities is looking to harness the power of Machine Learning (ML) on AWS to better serve its customers by providing a more personalized and customized experience.
“The financial services industry in South Asia is increasingly using cloud technology and AI to meet the growing demand of sophisticated retail investors,” said Vaishali Kasture, director and country leader, commercial sales, AWS India and South Asia. “HDFC Securities can scale resources with demand and has the tools to build an evolving suite of innovative investor services with AWS. Additionally, by leveraging our AWS Mumbai and Hyderabad infrastructure regions, India’s leading financial services provider can meet the regulatory compliance, disaster recovery (DR) and data security requirements it needs to continue innovation securely.
AWS, an Amazon.com company, has announced that HDFC Securities Limited, one of the leading investment service providers in India, has launched its new mobile. trading app, on HDFC Sky, the world’s most comprehensive and widely adopted cloud. HDFC Sky provides 75 million customers worldwide and all HDFC group companies, investors and traders with user-friendly trading of stocks, commodities, futures, currencies, initial public offerings (IPOs), mutual funds and exchange-traded funds (ETFs). Provides service along with. The statement said.
To make trading more transparent and accessible to investors, HDFC Sky works on a flat pricing model, charging traders a consistent, predetermined fee, no matter how much money they invest or how many transactions they make.
Sandeep Bhardwaj, Chief Operating & Digital Officer, HDFC Securities, said, “AWS helped us create a culture of builders within HDFC Securities by enabling us to experiment faster at lower costs so we can innovate on behalf of our clients. ”
HDFC Securities is looking to harness the power of Machine Learning (ML) on AWS to better serve its customers by providing a more personalized and customized experience.
“The financial services industry in South Asia is increasingly using cloud technology and AI to meet the growing demand of sophisticated retail investors,” said Vaishali Kasture, director and country leader, commercial sales, AWS India and South Asia. “HDFC Securities can scale resources with demand and has the tools to build an evolving suite of innovative investor services with AWS. Additionally, by leveraging our AWS Mumbai and Hyderabad infrastructure regions, India’s leading financial services provider can meet the regulatory compliance, disaster recovery (DR) and data security requirements it needs to continue innovation securely.
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